4

North Chicago, IL Multifamily Homes & Duplexes for Sale

Section Image
  • /19

    $247,000

    • 5 Beds
    • 2 Baths

    1017 Mcalister Ave, North Chicago, IL 60064

    Great Investment or Owner-Occupant Opportunity! This 2-unit property offers incredible potential with solid fundamentals already in place. The first-floor unit features 3 bedrooms and 1 bath, while the second-floor unit includes 2 bedrooms and 1 bath. Both units are equipped with new central air and new furnaces. The home includes a two-car detached garage plus additional parking for two more

    Luisa Martinez @properties Christie's International Real Estate

    1017 Mcalister Ave, North Chicago, IL 60064
  • /8

    $259,000

    • 6 Beds
    • 2 Baths

    706 Martin Luther King Junior Dr, North Chicago, IL 60064

    EXCELLENT 2-Flat Opportunity! Don't miss this versatile property-perfect for owner-occupants or investors. The upstairs unit has just been vacated and fully renovated, making it move-in ready or ideal for a new tenant. Recent updates include a new water heater, new roof, and new stainless steel appliances. Enjoy the large fenced backyard-great for entertaining, pets, or gardening. Property is

    Adam Taylor PRS Realty LLC

    706 Martin Luther King Junior Dr, North Chicago, IL 60064
  • /50

    $1,339,500

    1542 Victoria Ave, North Chicago, IL 60064

    Turnkey 6-Unit Multifamily Gem with over 9% Cap Rate. Fully Renovated from Top to Bottom Prepare to be impressed by this *absolutely stunning* 6-unit multifamily property-an investor's dream offering a strong **9% cap rate** and *zero deferred maintenance*. This building has been completely transformed through a full-scale, professional rehab-*gutted to the studs and rebuilt with precision and

    Basel Tarabein RE/MAX At Home

    1542 Victoria Ave, North Chicago, IL 60064
  • /16

    $237,600

    • 5 Beds
    • 2 Baths

    1617 Grove Ave, North Chicago, IL 60064

    This spacious 2-flat home offers two units totaling 5 bedrooms and 2 bathrooms, with approximately 2,246 square feet of living space. Ideally located near schools, shopping, major highways, and employment centers, this property presents a great opportunity for both investors and owner-occupants. No Buyer Premium on this property. The buyer has the right to select their own title/closing company.

    Anthony Disano Parkvue Realty Corporation

    1617 Grove Ave, North Chicago, IL 60064

Why Live in North Chicago

North Chicago, Illinois, a naval town on the edge of Lake Michigan, has a population of 30,000 and offers a small-town feel just 40 miles from Chicago. Known for the Naval Station Great Lakes, the only training command for U.S. Navy recruits, the city also serves as a bedroom community with many residents commuting to work. Public transportation is prominent, with a busy Metra rail station providing direct routes to downtown Chicago and Milwaukee. Local attractions include several parks, a nature preserve, and a beach overlooking Lake Michigan. Foss Park, adjacent to the public beach, features a skate park, playground, ball fields, and an 18-hole golf course. The Greenbelt Forest Preserve offers miles of hiking and biking trails. The National Museum of the American Sailor is located on the military base. Housing in North Chicago is more affordable compared to the national median, with many homes built between the 1900s and 1950s, including Cape Cods, bungalows, and colonials. Great Lakes Central is an upscale suburban neighborhood, while Argonne Park and Argonne Heights offer more affordable options. Dining options along Green Bay Road and Martin Luther King Junior Drive include American comfort food, Mexican, Thai, Italian, and Caribbean cuisines. The North Chicago Farmers Market provides locally sourced produce during the summer. Community events such as Community Days and Fiestas Patrias celebrate local culture with food, music, and parades. The city is safer than the national average, with lower rates of violent and property crime.

Home Trends in North Chicago, IL

Housing Trends

Median Sale Price
$209,000
Median Single Family Sale Price
$209,950
Average Price Per Sq Ft
$153
Number of Homes for Sale
11
Last 12 months Home Sales
55
Months of Supply
2.40
Median List Price
$216,245
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
9%
How to Buy a Home How to Finance a Home How to Sell a Home